The free credit balance of client’s ledger in the accounts of Jainam, which can be transferred to the client’s bank a/c is called the withdrawable balance.
It may differ from the net available funds shown in the COMET because the exchanges require T+1 day to settle funds from selling equities and F&O trades to the Jainam account before they can be withdrawn.
If the client has traded during the day, their withdrawable balance may change after the market closes because all charges and obligations are updated after the end of the market hours.
